Bruno Ramos & Maritza Ramos Acquire Store In Homestead, FL For $2.3M
27860 Dixie Highway, Homestead, Florida 33032, United States
$2,300,000
$522/SF
Building Size
4,400 SF
Asset Type
Retail
Closing
Feb 21, 2022
About this deal
AI
The property involved in the transaction is a store located at 27860 S Dixie Hwy in Homestead, FL. The store has a total square footage of 4,400 and was sold for a price of $2,300,000, resulting in a price per square foot of $523.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $2,300,000
- Buyer: Bruno Ramos & Maritza Ramos
- Seller: Gwendolyn R Love & Lesel Love Jr
Bruno Ramos & Maritza Ramos were the buyers in this transaction, while Gwendolyn R Love & Lesel Love Jr were the sellers. The sale took place on February 22, 2022. Additional information about the property or the deal is not available.
On the Map
$2,300,000
$522/SF
Retail
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Players
Homestead Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93